10-year Treasury yield falls as traders await Fed rate decision
Publishing timestamp: 2024-01-30 12:12:03
Summary
The 10-year Treasury yield was lower as the Federal Reserve's first policy meeting of 2024 began. Traders analyzed economic data and the yield on the 10-year Treasury decreased by 2 basis points. The 2-year Treasury yield increased by 4.6 basis points. The Fed's meeting will conclude with an interest rate decision and guidance on monetary policy. Traders are uncertain about the future path of monetary policy. The Conference Board's consumer confidence index increased, but job openings were higher than expected.
Sentiment: NEUTRAL
Keywords: central banking, medium term notes, treasury bills, business news, economy, breaking news: markets, treasury notes, u.s. 10 year treasury, federal reserve bank, u.s. 2 year treasury, u.s. economy, interest rates, prices, markets, bonds, u.s. treasury bonds, economic events, government debt, monetary policy,